Taxes October 5, 2023
According to a report, former New York City mayor Rudolph Giuliani owes $549,435.26 in unpaid taxes and, as a result, the agency has placed a tax lien on a condo he owns in south Florida.
Taxes October 5, 2023
Taxpayers, particularly wealthy filers, were warned Thursday about scams involving exaggerated art donation deductions.
Taxes October 3, 2023
There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.
Taxes October 2, 2023
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.
Taxes September 30, 2023
The Senate overwhelmingly passed bipartisan legislation Saturday to avoid a disruptive U.S. government shutdown, sending the bill to President Joe Biden for his expected signature just hours before a midnight deadline.
Accounting September 30, 2023
The latest House stopgap bill passed with the support of 126 Republicans, while 90 GOP lawmakers voted “no.” Only one Democrat, Rep. Mike Quigley, D-Ill., opposed it, over the omission of Ukraine aid.
Taxes September 29, 2023
Spanish prosecutors claim she failed to pay $7.1 million in taxes in 2018 and is using an offshore company to avoid paying taxes.
Taxes September 29, 2023
Contingency plan calls for the IRS to furlough two-thirds of its workforce and press pause on most core tax administration functions.
Taxes September 28, 2023
The letter goes on to express concern that an October shutdown of the government will likely impact the timely processing of extended 2022 tax returns due by Oct 16, 2023.
Taxes September 28, 2023
The House panel voted along party lines to disclose additional documents related to the probe into the president's son's taxes.
Taxes September 28, 2023
Jack Fisher and James Sinnott designed, marketed and sold to high-income clients abusive syndicated conservation easement tax shelters based on fraudulently inflated charitable contribution tax deductions, promising them deductions 4.5 times the amount the taxpayer clients paid.
Accounting September 28, 2023
In an unexpected portion of his decision, the judge essentially stripped Trump of the ability to run his businesses in New York by canceling his certificates and any controlled by his adult sons.